Norges Bank will make net foreign exchange purchases of 176 million kroner a day in November. The net figure combines purchases of 300 million kroner a day on behalf of the government, under the petroleum revenue mechanism that saves the surplus in the Government Pension Fund Global, with sales of 124 million kroner a day to fund the transfer of dividends and interest payments to the government. The dividend and interest total for the 2025 financial year is 29.4 billion kroner, spread evenly over trading days from March 2026 to February 2027.
The Bank of Canada’s governor and senior deputy governor make a parliamentary appearance on November 3. It is the first scheduled public questioning since the bank raised its policy rate to 2.50 percent on October 28, and the obvious subjects are the December 9 decision and how much of the loonie’s recent strength the bank is willing to validate.
The Federal Reserve Board announced approval of an application by the Bank of Nova Scotia. The order, published October 29, is a routine cross border bank approval, noted here because Canadian banks’ US expansion is a standing file in this beat and the approval is the decision of record.
The Financial Times reported on October 31 that the Bank of England is exploring easing a key limit on riskier mortgage lending. The report is single sourced and paywalled and is flagged as such; it follows the Prudential Regulation Authority’s October framework change, which removed the firm level 15 percent cap on high loan to income lending from October 28 while keeping a market wide limit. No Bank of England document confirming a further easing was obtained in this run.
The US Treasury Department said Iran’s economy is cratering, with inflation at 90 percent, in Secretary Scott Bessent’s account reported by The Hill on October 30. That is a US government claim about a sanctioned adversary’s economy, carried here as a claim with its source named, not as a verified inflation statistic; no Iranian or independent statistical source confirming 90 percent was obtained in this run.
The Reserve Bank of India published its standing October statistical set in the window, including lending and deposit rates of scheduled commercial banks for October 2026, sectoral deployment of bank credit for September, auctions of state government securities and of 91, 182 and 364 day Treasury bills, and the rate of interest on the Government of India Floating Rate Bond 2034. All are the bank’s own releases and are the sources of record for their figures; none was judged a full story on its own this morning.